Borouge PLC Financial Results Press Release for the Period Ended March 31,2026 | premargin
Borouge PLC Financial Results Press Release for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Press Release·April 30, 2026·View on exchange
AI Summary
Borouge PLC reported a net profit of $156 million and revenue of $1.2 billion for Q1 2026, supported by production of 1.21 million tonnes and sales of 1.09 million tonnes.
The company confirmed a final 2025 dividend of $658 million (8.1 fils per share) to be paid on or around May 5, 2026, part of a total $1.32 billion approved for the full year.
Alternative logistics routes were activated in response to Strait of Hormuz disruptions, successfully distributing 61% of March production despite an April 5 facility incident involving falling debris from air defense interceptions.
Following the March 30 completion of the Borouge International transaction, a tender offer to convert Borouge Plc shares into Borouge Group International AG shares is expected to take place in 2027.
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